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BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
H,12

(For Immediate R e l e a s e )

September 2 3 , 1953

CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS BY INDUSTRY
A l l i n d u s t r i a l c l a s s i f i c a t i o n s p a r t i c i p a t e d i n t h e i n c r e a s e of
$338 m i l l i o n i n commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s a t w e e k l y
r e p o r t i n g member banks during t h e week ended September 1 6 , T h i s was t h e
l a r g e s t w e e k l y i n c r e a s e i n t h e s e l o a n s s i n c e December 2 0 , 1950, which was
a l s o around a q u a r t e r l y t a x d a t e .
The p r i n c i p a l i n c r e a s e s were $92 m i l l i o n i n l o a n s t o manufacturers
of f o o d , l i q u o r , and tobacco p r o d u c t s , $59 m i l l i o n t o p u b l i c u t i l i t i e s , $
m i l l i o n t o manufacturers and producers of petroleum, c o a l , c h e m i c a l s , an
rubber p r o d u c t s , and $27 m i l l i o n t o commodity d e a l e r s , Loans t o manufact u r e r s of m e t a l s and metal p r o d u c t s i n c r e a s e d $10 m i l l i o n y f o l l o w i n g n e t
d e c r e a s e s i n nine of t h e p r e c e d i n g t w e l v e w e e k s ,
Changes i n l o a n s d u r i n g t h e week and s i n c e mid-year are shown
below$ t h e t h i r d column shows t h e changes d u r i n g t h e comparable p e r i o d
l a s t year:

B u s i n e s s of Borrower

Week
ended
/
September 162/

Cumulative s i n c e mid-year
June 2Ur
Corresponding
1953 E/
p e r i o d , 1952

( I n m i l l i o n s of d o l l a r s )
Manufacturing and mining:
Food, l i q u o r , and t o b a c c o
T e x t i l e s , a p p a r e l , and l e a t h e r
Metals and m e t a l p r o d u c t s
Petroleum, c o a l , c h e m i c a l s ,
and rubber
Other manufacturing and mining

+ 92
+ 8
+ 10

+122
+ 79
- 69

+25U
+ 67
-19U

+ 29
+ 2

+ U0
+ 16

+123
+ 35

+
+
+
+
+
+

19
27
25
59
10
20

+ 11
+ 32
- 13
+127
+ 17
+ 93

- 2
+2U6
+ 69
- 98
+ 22
+118

C l a s s i f i e d changes - net
U n c l a s s i f i e d changes - n e t

+300
+ 38

+U56
+ U2

+6I4I
+ 91

Net change i n commercial, i n d u s t r i a l , and a g r i c u l t u r a l l o a n s

+338

+U98

+732

Trade — w h o l e s a l e and r e t a i l
Commodity d e a l e r s
S a l e s f i n a n c e companies
Public u t i l i t i e s & transportation
Construction
Other t y p e s of b u s i n e s s

p/

P r e l i m i n a r y ; s e e f o o t n o t e on a t t a c h e d t a b l e ,




CHANGES IN COMMERCIAL AND INDUSTRIAL LOANS OF A SAMPIE OF WEEKLY REPORTING M M E BANKS
E BR
BY INDUSTRY AND FEDERAL RESERVE DISTRICT,
WEEK ENDED WEDNESDAY, SEPTEMBER 1 6 , 1953

H.12(a)

New
York
Manufacturing and mining:
Food, l i q u o r , and t o b a c c o
T e x t i l e s , a p p a r e l , and l e a t h e r
M e t a l s and metal products ( i n c l u d i n g
machinery & t r a n s p o r t a t i o n equipment)
Petroleum, c o a l , c h e m i c a l s , and rubber
Other manufacturing and mining

P h i l a - Cleve-I Rich- .
mond Atlanta Chicago
d e l p h i a land
(In m i l l i o n s of d o l l a r s )

+92.0

*

.9

+ 1.2

+55.9
+ 7.9

+ 9.6
428.9

— l.U

- 3.0

+ 1.2

+12.9
- 2.1

+ U* 0
+ .k
- .u

— .2

— #2

+

.7

+ 3.2

+ 1.8

Commodity d e a l e r s

+13. u

+

.7

S a l e s f i n a n c e companies

+30,3
+59.1

+10.1

+ 1.3
- »ii

+ U.i

+ 2,0

|*18.8|

(including transportation)

Construction

.8

+ .2 +

.2

.7

-

.7

loans^Z

+

.9

+ .1
+ 1.5

- 2.7

.7

-

.U

+

+ 1.6

I % : 2 : t : d : 1-J

+ 1.9

+

.h

+ 5.7

— L«i

- 1.9

- 3.2

- lto

-

+ .2

+

*5

+ 2.1

+

.5

+ .1

+ .1

+ .2 - ,h

,3

+ 2.7

+

*6

+

+ 2.1

+ .8 -

.6

+ .9

+ 5.0

+

*h

*

*

.6

+ li.o

*

.2

-

.3

+ 5.5

+11.0

+13.0

+3.0

+ 6.0

+51.0

.1 - .1

.5

+

.6

— .2

.3

- .6
+ .1

+ U.3
- .2

— #3

+ U.6

)

(

r -

.u

*7

+

.6

-

*5

+ 3*0

.2

-

,3

- 1.3

+ 1*3

* 1*1

-

.1

+ 1.7

.8

+

+ 1.2

+ 1.5

+

*1

*

-

.9

+ l.ii.

* 1.3

*

A

- 2.8

• 3.0

<25.6

+19.0

+ 6.0

- 3.0

+ 6:0

.3

+300.2
-

U n c l a s s i f i e d changes - n e t
Net change i n commercial, i n d u s t r i a l ,
and a g r i c u l t u r a l loans

L.it

+ 3.6
+ .9

#2

-

+10.8 + 2.2 + .7
+ 5.2 + .2 + 2.1 + 1 . 1

+ 3.0

+

—

.Ij.

+1*7.3

+ .2

A l l other types of business
Net change i n c l a s s i f i e d

+

+ 7.1
- .6

+10.5

Trade j
Wholesale
Retail

Public u t i l i t i e s

+ 8.1

+18.9
+ .5

San FranS t . Minne- Kansas
D a l l a s c i s c o P/
Louis a p o l i s C i t y

+338,0

.k

» 5,0

.9

*180.0

p / P r e l i m i n a r y , f i n a l t o t a l s - 1 1 1 appear i n t h e F.R. B u l l e t i n aM San Francisoo D i s t r i c t f i n a l f i b r e s appear i n a r e l e a s e of the Reserve Ban*.